Germany clears Ball's move to 80% control of Benepack can plants
Germany's Bundeskartellamt has cleared Ball Corporation's acquisition of an 80% stake and sole control of Benepack Belgium N.V. and Benepack Hungary KFT, both beverage can manufacturers, within the standard one-month review period. The regulator found no significant risk of coordinated or unilateral competitive harm and no material price-increase incentive for Ball in the concentrated European beverage can market.
Why this mattersThe clearance signals German antitrust tolerance for further consolidation in an already concentrated European beverage can market.
- Bundeskartellamt cleared Ball Corporation's indirect acquisition of 80% of Benepack Belgium N.V. and Benepack Hungary KFT.
- The deal grants Ball sole control of both Benepack entities.
- Clearance came within the standard one-month review period.
- Benepack manufactures and distributes beverage cans in Europe.
- The regulator examined supply flows, market shares, capacity and competitive proximity between Ball and Benepack.
- The authority found no significant price-increase incentive for Ball and no special competitive strength attributable to Benepack.
Sources
tradersunion.com
DE